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fiscal deficit. [applause] so that's step one towards restoring mobility, making sure our economy is growing faster. step two is making sure we empower more americans with the skills and education they need to compete in a highly competitive global economy. we know that education is the most important predictor of income today, so we launched a race to the top in our schools. we're supporting states that have raised standards for teaching and learning. we're pushing for redesigned high schools that graduate more kids with the technical training and apprenticeships, and in-demand, high-tech skills that can lead directly to a good job and a middle-class life. we know it's harder to find a job today without some higher education, so we've helped more students go to college with grants and loans that go farther than before. we've made it more practical to repay those loans. and today, more students are graduating from college than ever before. we're also pursuing an aggressive strategy to promote innovat
fiscal deficit. [applause] so that's step one towards restoring mobility, making sure our economy is growing faster. step two is making sure we empower more americans with the skills and education they need to compete in a highly competitive global economy. we know that education is the most important predictor of income today, so we launched a race to the top in our schools. we're supporting states that have raised standards for teaching and learning. we're pushing for redesigned high schools...
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Dec 8, 2013
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upon taking office, he faced the largest per capita deficit in the country. total debt of about three point -- $3.5 billion. he did several terms as mayor of stamford, connecticut, promising to make 2012 the year of education. in connecticut, he tackled a reform agenda in a state that has long been known for one of the nation's widest racial achievement gaps. the governor took the lead in passing one of the nation's more dramatic education bills. it was public act 12116. some of the packages required a new teacher evaluation pilot in which 45% will be based on student learning. the governor's package created a commissioner's network similar to the recovery school district. it has the ability to take authority over 25 of the state's lowest performing schools. today, 11 have been entered into that network. an increased charter school funding. the figure will go to $11,500 by fiscal 2015. with that, let me turn the microphone over to the governor. it is all you. [applause] >> it is great to be with you. i appreciate the opportunity to speak about an issue that i
upon taking office, he faced the largest per capita deficit in the country. total debt of about three point -- $3.5 billion. he did several terms as mayor of stamford, connecticut, promising to make 2012 the year of education. in connecticut, he tackled a reform agenda in a state that has long been known for one of the nation's widest racial achievement gaps. the governor took the lead in passing one of the nation's more dramatic education bills. it was public act 12116. some of the packages...
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i would put the emphasis down to get the trade deficit close closer to balance. liz: you think the weaker dollar is better. exports looked not certainly so bad. exports were up. people are buying our good overseas. >> well, it was some improvement but we actually revised down the previous numbers, previous month ace numbers. so it wasn't much of an improvement. we have a ways to go. we have a deficit of 500 billion. maybe we're moving in the right direction but if so, very slowly. we have to pick up that pace. liz: precursor to the government's jobs number report, adp, came out yesterday. look better than expected, 218,000 jobs created what are you expecting from the labor department tomorrow? >> i will be a pessimist, 141, 50. last month was strong numbers. strong growth in retail employment. very strong growth, manufacturing construction. i think latter two were a mom lace. the -- anomalies. think people are doing earlier than normal hiring, christmas hiring. a lot of hiring that would normally take place in november took place in october. i think i ace weak st
i would put the emphasis down to get the trade deficit close closer to balance. liz: you think the weaker dollar is better. exports looked not certainly so bad. exports were up. people are buying our good overseas. >> well, it was some improvement but we actually revised down the previous numbers, previous month ace numbers. so it wasn't much of an improvement. we have a ways to go. we have a deficit of 500 billion. maybe we're moving in the right direction but if so, very slowly. we have...
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Dec 5, 2013
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particularly when there is so much concern with the deficit and debt. medicare is historically aimed to set a men's to ma plans equal to what medicare would expect to pay in a traditional program. bys changed in 2003, and 2009 came into a considerably higher that medicare would have paid for the same beneficiaries if they were in the same program. this cost every beneficiary more and added part b damien's, providing little incentives to become more efficient. . found wide variations that suggests there was room for a lot more efficiency in the program. were incy changes that the aca reflect recommendations that congress'own commission has advocated for years. raised the concerns offerings to my mind are not consistent with the evidence on her part the way competitive markets work. the already addressed protections and places in the program. only five percent of beneficiaries in 2014 will have to shift plans. most will be able to stay in the same type of land. 21%average premium was down for a beneficiary, and premiums stable in 2014. some beneficiaries
particularly when there is so much concern with the deficit and debt. medicare is historically aimed to set a men's to ma plans equal to what medicare would expect to pay in a traditional program. bys changed in 2003, and 2009 came into a considerably higher that medicare would have paid for the same beneficiaries if they were in the same program. this cost every beneficiary more and added part b damien's, providing little incentives to become more efficient. . found wide variations that...
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Dec 3, 2013
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there was a $330 million cumulated deficit over time, we had an $18 billion overhang. and so we were never able to go out and increase revenue. so the only way we stayed alive quite frankly is through cuts. and we cut everything that we could, but unless there is more investment coming into the city, and a new stream of revenue, there was no way to -- i guess to fix the problem, so now with bankruptcy eminent, i think our debt off of our balance sheet would be less than it is today, and that is going to be a positive on a going forward basis. >>> the mayor of detroit responding to a federal judge's ruling that detroit can proceed with its bankruptcy filing. bisi onile-ere is live from detroit. what is the reaction there. >> as you can see me there is a group gathered. and you have been very outspoken through this whole or deal. were you disappointed by the judge's decision? >> we were very disappointed. he basically found that terminating the pensions is legal. >> reporter: a lot of people are worried right now because of the ruling that came down. >> we're continuing
there was a $330 million cumulated deficit over time, we had an $18 billion overhang. and so we were never able to go out and increase revenue. so the only way we stayed alive quite frankly is through cuts. and we cut everything that we could, but unless there is more investment coming into the city, and a new stream of revenue, there was no way to -- i guess to fix the problem, so now with bankruptcy eminent, i think our debt off of our balance sheet would be less than it is today, and that is...
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Dec 3, 2013
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there was a $330 million accumulated deficit over time. we had $18 billion overhang. so we were never able to go out and increase revenue. so the only way that we stayed alive, quite frankly, is through cuts. you know, we cut everything that we could. unless there is more investment coming into the city and a new stream of revenue, there was no way to fix the problem. so now with bankruptcy imminent, i think debt off of the balance sheet would be less than it is today and that's going to be a positive on a going forward basis. >> a lot to go around, any particular issue or person? >> i don't look at blame as anything that's going to be helpful at this point in time. i want to concentrate on the glass being half full as opposed to half empty and say all of us, those of us who live in the city, who work in the city, who care about this, need to come to the table to see what positive impetus we can bring with us. >> any plans to do anything to step up the collection of property taxes to bring in more revenue to the city? >> property taxes are being collected as we speak.
there was a $330 million accumulated deficit over time. we had $18 billion overhang. so we were never able to go out and increase revenue. so the only way that we stayed alive, quite frankly, is through cuts. you know, we cut everything that we could. unless there is more investment coming into the city and a new stream of revenue, there was no way to fix the problem. so now with bankruptcy imminent, i think debt off of the balance sheet would be less than it is today and that's going to be a...
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Dec 8, 2013
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inheriting a state with the largest per capita deficit representing 17% of total revenue, and i had to go in a different direction. a lot of states were saying that they would cut, but we actually realize that our cap was too big to cut our way out of it. i went on the road and got got beat up. someone had to go on the road. there were a lot of people mad at me. a lot of folks spending a lot of money to try to defeat the organized effort at school reform, even though they supported certain aspect of it. it was the total picture that they did not want to see. they might carve out a corner they like, but it was a total picture. someone has to have the discussion. someone has to bring the discussion to the community. someone has to demonstrate you mean business. we want to work with them, but we need to change direction. hartford, new haven, bridgeport. those are some of your largest school districts. you cannot succeed at that. when you're looking at connecticut demographically, as one of the more rapidly aging states, you are throwing away your opportunities. someone had to say that. i
inheriting a state with the largest per capita deficit representing 17% of total revenue, and i had to go in a different direction. a lot of states were saying that they would cut, but we actually realize that our cap was too big to cut our way out of it. i went on the road and got got beat up. someone had to go on the road. there were a lot of people mad at me. a lot of folks spending a lot of money to try to defeat the organized effort at school reform, even though they supported certain...
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Dec 3, 2013
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none of them want a trade deficit. the country with the largest trade deficit on the planet is america. and this is going to ask american workers to compete with workers in brunei, with workers in vietnam. that just can't happen. and i think this is going to be a bad deal. and there are issues in that deal. what do we do about state-owned enterprises? we're going to compete against a country, company against a country? what are we going to do about currency manipulation? all of these things are in the competitive market. this is a bad deal being negotiated in secret. i'm glad you're exposing it. >> explain where president obama is on this. he has stated that he wants to get fast tracked before the end of the year. >> i don't think we can give them fast track. these kind of trade deals -- let's back up a bit. these are treaties between countries. and a treaty should come to congress. they tried to bypass congress by having so-called fast track. they cut congress right out of the deal. and i want my congress person wheth
none of them want a trade deficit. the country with the largest trade deficit on the planet is america. and this is going to ask american workers to compete with workers in brunei, with workers in vietnam. that just can't happen. and i think this is going to be a bad deal. and there are issues in that deal. what do we do about state-owned enterprises? we're going to compete against a country, company against a country? what are we going to do about currency manipulation? all of these things are...
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Dec 5, 2013
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particularly when there's so much concerned with the deficit and debt. medicare is historically -- payments below or equal to what medicare would expect to be in the traditional program for beneficiaries who enroll in the plan. this changed in 2003, and by 2009, payments were considerably higher than medicare would've paid for the same beneficiaries if they were in the traditional program. this cause every beneficiary more in added part b premiums and provide a little incentives for m.a. plans to become more efficient. when i examined the 2009 plan data i found wide variation in m.a. plans cost relative to traditional medicare spending, even controlling for plan levels, plan types and payment levels. that suggest there was room for a lot more efficiency in the program, variable across plants. and the policy changes that were in the aca reflect recommendations that congress is on medicare payment advisory commission has advocated for years. third, many of the concerns raised about 2014 offerings either to my mind from what i've looked at are not consisten
particularly when there's so much concerned with the deficit and debt. medicare is historically -- payments below or equal to what medicare would expect to be in the traditional program for beneficiaries who enroll in the plan. this changed in 2003, and by 2009, payments were considerably higher than medicare would've paid for the same beneficiaries if they were in the traditional program. this cause every beneficiary more in added part b premiums and provide a little incentives for m.a. plans...
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Dec 4, 2013
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you have to be creative about how you drive down their catch throw deficit. but the way to do it, and tragically the bankruptcy court can't order the state to kick in a little money, to put back the $47 million they paid, that's the way to do it. so -- >> so if they wanted to reinstate that revenue sharing they took away, you could create a cash flow to get their head above water? >> yes, and you could do it that way ininstead of bankruptcy. >> when you look at the number of bills passed by the house and the paltry number of bills passed by the senate you can see where the problem is. >> yes, we can. and we'll talk about it next. >>> there are eight, count them, eight legislative days left in the first year of the 113th congress, and it is on pace to be a record breaking one. the least productive congress in the history of the american republic. the first session has passed 52 laws so far, easily making it the least productive first session of any congress in history. it is lowest than the least productive first session that happened to be from the last congr
you have to be creative about how you drive down their catch throw deficit. but the way to do it, and tragically the bankruptcy court can't order the state to kick in a little money, to put back the $47 million they paid, that's the way to do it. so -- >> so if they wanted to reinstate that revenue sharing they took away, you could create a cash flow to get their head above water? >> yes, and you could do it that way ininstead of bankruptcy. >> when you look at the number of...
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Dec 10, 2013
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i'm getting more deficit reduction. so the deficit will go down more by passing this than if we did nothing. that's point number one. point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending. that mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided government budget agreement since 1986. the reason why we haven't done a budget agreement when both houses were controlled by other parties since 1986 is because it's not easy to do. we're not going to get everything that we want and she's not going to get everything that she wants. >> what if they reject it. >> i think we'll pass there though the house. we'll go first given our schedules. we'll post this on our website this evening and we intend to bring it to the house floor later this week. i have every reason to expect great support from our caucus. we're keeping our key principles. no one here had to sacrifice their core principles. our princ
i'm getting more deficit reduction. so the deficit will go down more by passing this than if we did nothing. that's point number one. point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending. that mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided government budget agreement since 1986. the reason why we haven't done a budget agreement when both houses were...
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seventy four percent down to twenty eight percent here but the thing is and exploded the deficit it's only happening in luxor is what they have been over twelve percent unemployment rate so we're talking about highly distressed areas wouldn't you like to see tax cuts go at least to those areas where people are hurting the most where unemployment is the highest tax cuts that have not worked so we've got a policy that for thirty two years we've tried over and over and over again every time we try it it makes things worse and you say oh yes let's do more of that in the places where people are hurting the worst seriously what you want you want poor people in the zone's to pay one point three billion dollars more in taxes over the next ten years you don't want to give these people some sort of really mean income taxes. people at our poverty lot of the united states are paying a portion of income taxes and i think that lowering their taxes if. i was doing was corporate shill corporate shill want to own one and then on top of that he has the i when i was talking about assaulting the mandator
seventy four percent down to twenty eight percent here but the thing is and exploded the deficit it's only happening in luxor is what they have been over twelve percent unemployment rate so we're talking about highly distressed areas wouldn't you like to see tax cuts go at least to those areas where people are hurting the most where unemployment is the highest tax cuts that have not worked so we've got a policy that for thirty two years we've tried over and over and over again every time we try...
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Dec 6, 2013
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working class people don't care about the deficit, they don't care about ending abortion. they need a paycheck so they can support their family. and to listen to republican politicians and the talking heads at fox news bad mouth working class people, come on. we already know that the republican party is the party of mitt romney. could care less about anybody less than $250,000. for the president to come out and make this speech is extremely wise politics, because it's what people care about and that's how you win elections. >> he's got to stay on it. the democrats have got to stay on it. i think this is a winning issue. mike, how do you get the republicans to get into this discussion? the president talked about that earlier this week. you know, the big elephant in the room is the other party that obviously has no plan, that obstructs everything. but we have to engage in this discussion. i mean, it would seem to me that people who go to town huh meetings with republican representation just take the vulture chart there. and say what's your remedy for this? what do you have o
working class people don't care about the deficit, they don't care about ending abortion. they need a paycheck so they can support their family. and to listen to republican politicians and the talking heads at fox news bad mouth working class people, come on. we already know that the republican party is the party of mitt romney. could care less about anybody less than $250,000. for the president to come out and make this speech is extremely wise politics, because it's what people care about and...
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we are facing for all the talk of a budget deficit, we're facing an infrastructure deficit. and because we have just sort of run the gas tax trust fund down to where it's approaching zero, if we don't do something in the next ten months, we're going to face an inability to fund any transit funding next year, and the federal highway funding will drop 92%. >> what's happened to all the money we have already allocated, not only through the gas tax but states, municipalities and surcharges and -- where has that money gone. >> look around you and see in every community. we have had a dramatic reduction in the amount of money that has been available over the course of the last ten years. as i say, you haven't raised the gas tax in 20 years. >> but we have more gas revenue coming in because more people are driving and just demand -- >> that's not the case. >> is there a way to assure this in a lock box so it's intend for just that purpose? we do have a lot of other means by which we raise money to help our infrastructure, and our infrastructure still sucks. >> first of all, if you
we are facing for all the talk of a budget deficit, we're facing an infrastructure deficit. and because we have just sort of run the gas tax trust fund down to where it's approaching zero, if we don't do something in the next ten months, we're going to face an inability to fund any transit funding next year, and the federal highway funding will drop 92%. >> what's happened to all the money we have already allocated, not only through the gas tax but states, municipalities and surcharges...
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you have to be creative about how you drive down their catch throw deficit. but the way to do it, and tragically the bankruptcy court can't order the state to kick in a little money, to put back the $47 million they paid, that's the way to do it. so -- >> so if they wanted to reinstate that revenue sharing they took away, you could create a cash flow to get their head above water? >> yes, and you could do it that way instead of bankruptcy. >> when you look at the number of bills passed by the house and the paltry number of bills passed by the senate you can see where the problem is. >> yes, we can. and we'll talk about it next. it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confid
you have to be creative about how you drive down their catch throw deficit. but the way to do it, and tragically the bankruptcy court can't order the state to kick in a little money, to put back the $47 million they paid, that's the way to do it. so -- >> so if they wanted to reinstate that revenue sharing they took away, you could create a cash flow to get their head above water? >> yes, and you could do it that way instead of bankruptcy. >> when you look at the number of...
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fiscal deficit. [ applause ] so that's step one towards restoring mobility. making sure our economy is growing faster. step two is making sure we empower more americans with the skills and education they need to compete in a highly competitive global economy. we know that education is the most important predictor of income today. so we launched a race to the top in our schools. we're supporting states that have raised standards for teaching and learning. we're pushing for redesigned high schools that graduate more kids with the technical training and apprenticeships and in-demand high-tech skills that can lead to a good job and a middle-class life. we know it's harder to find a job today without some higher education, so we've helped more students go to college with grants and loans that go farther than before. we've made it more practical to repay those loans and today more students are graduating from college than ever before. we're also pursuing an aggressive strategy to promote innovation that reins in tuition cost. we have a lower cost so young people ar
fiscal deficit. [ applause ] so that's step one towards restoring mobility. making sure our economy is growing faster. step two is making sure we empower more americans with the skills and education they need to compete in a highly competitive global economy. we know that education is the most important predictor of income today. so we launched a race to the top in our schools. we're supporting states that have raised standards for teaching and learning. we're pushing for redesigned high...
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. >> so in personal deficits or not, especially if we have a national deficit, spending money on pell grants is a good investor -- a good investment for our tax payers? >> it is not spending, it's an investment. you are absolutely correct. >> thank you. >> thank you very much. >> i appreciate this opportunity. it's a fascinating conversation. i want to focus on the testimony of dr. robinson. hearing is important because it highlights the testimony of now moving as a away from a philosophy toward higher education that focuses only on access and starts to look at success. i'm a product of pell grants. i could not have graduated from wabash college without pell grants. i have lived the importance of these degrees great but the world has changed a lot in last 40 years. i would say the federal financial aid system is one of the great success stories in the history of the federal government. access, weal was provided access to higher education for people in this country like never before. the challenge is, when these programs started 40 years ago, access was enough. when you looked at the i
. >> so in personal deficits or not, especially if we have a national deficit, spending money on pell grants is a good investor -- a good investment for our tax payers? >> it is not spending, it's an investment. you are absolutely correct. >> thank you. >> thank you very much. >> i appreciate this opportunity. it's a fascinating conversation. i want to focus on the testimony of dr. robinson. hearing is important because it highlights the testimony of now moving as...
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Dec 9, 2013
12/13
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have been runng maj deficits with japan foyears. good news in terms of getting cheaper goods, bad news in terms of a downward pressure on employment. still, in total, the gains from comparative advantage tend to be so larg that economis, unlike phaps ao workers orexti, are willing to wai r the long-term adjustments to work out. ofourse, if the other country is comting unfaiy, then that is another matter. on the football field, america liin politics,n, before the law, and in business. an even match on a level field seems to be the best way to decide the best team, the best candidate, or the best buy. but what happens when a foreign company, a company beyond the reach of american law, doesn't play fair? what happens when free trade isn't fair trade? the american steel industry. modern america -- its buildings, its bridges, its cars -- was built on steel. for almost 75 years, the industrial giants which ran american steel played by their own rules. lack of competition made price increases easy, easier than replacing old and inefficient
have been runng maj deficits with japan foyears. good news in terms of getting cheaper goods, bad news in terms of a downward pressure on employment. still, in total, the gains from comparative advantage tend to be so larg that economis, unlike phaps ao workers orexti, are willing to wai r the long-term adjustments to work out. ofourse, if the other country is comting unfaiy, then that is another matter. on the football field, america liin politics,n, before the law, and in business. an even...
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revenues there were that ten to twenty percent benefit increase would pay for itself and reduce the deficit so ignore it. the so called moderate talking points the solution to our retirement crisis is clear we just need to take a listen to warren's proposal to expand social security and crank it up a few notches but not everyone wants to help seniors and rebuild the economy i'm joined now by but jack burkman g.o.p. strategist and host of behind the curtain jack one of the great pleasure to be with you so always so what's your what's the republican alternative to social security well there's a word for what you're describing with retirement age at age fifty five it's called france it's called italy it's called germany and these models are failing if anything the retirement age should be seventy five years which you surely has this once is arguably the strongest economy on earth average industrial wage in germany's fifty four dollars an hour i guess if you're white you think why are people with all of the wealth in this country why would anyone else has half the poverty rate we do get half th
revenues there were that ten to twenty percent benefit increase would pay for itself and reduce the deficit so ignore it. the so called moderate talking points the solution to our retirement crisis is clear we just need to take a listen to warren's proposal to expand social security and crank it up a few notches but not everyone wants to help seniors and rebuild the economy i'm joined now by but jack burkman g.o.p. strategist and host of behind the curtain jack one of the great pleasure to be...
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Dec 4, 2013
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you have to be creative about how you drive down their catch throw deficit. but the way to do it, and tragically the bankruptcy court can't order the state to kick in a little money, to put back the $47 million they paid, that's the way to do it. so -- >> so if they wanted to reinstate that revenue sharing they took away, you could create a cash flow to get their head above water? >> yes, and you could do it that way ininstead of bankruptcy. >> when you look at the number of bills passed by the house and the paltry number of bills passed by the senate you can see where the problem is. >> yes, we can. and we'll talk about it next. hey wayne, quick question... did you try restarting it? no, not that. i was thinking about getting a tablet as a gift... verizon has tablets. they got a lot of them? accessing brain information... yes, they have a lot to choose from. did you really just... and now you can get $100 off any tablet. thanks, wayne. save like never before on any tablet at verizon now. get $100 off any tablet. plus trade in your old tablet for up to $150 o
you have to be creative about how you drive down their catch throw deficit. but the way to do it, and tragically the bankruptcy court can't order the state to kick in a little money, to put back the $47 million they paid, that's the way to do it. so -- >> so if they wanted to reinstate that revenue sharing they took away, you could create a cash flow to get their head above water? >> yes, and you could do it that way ininstead of bankruptcy. >> when you look at the number of...
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Dec 5, 2013
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raised for domestic and discretionary spending and that would be offset so that it doesn't add to the deficit by some revenue increases, though not taxes and some entitlement cuts, though in the medicare and social security. it's a modest deal but lawmakers hope they can announce it by the end of the week, enact it next week and avoid a government shutdown in january. >> who are winners and losers to the extent we know what stays and goes and maybe more pointly, what does this mean for those looming deadlines the government shutdown number which was i think middle of january and then the debt ceiling debate, which resurfaces then again, i think, right around the super bowl? >> tyler, it means both that the debt ceiling increase and the government funding are likely to occur as scheduled, avoid a crisis like we had. lawmakers don't have much appetite for that, especially going into an election year. so in that sense, it's good news for the entire country. in terms of losers, the kinds of fees they are talking about and again, we don't have a final deal are things like higher airline ticket fee
raised for domestic and discretionary spending and that would be offset so that it doesn't add to the deficit by some revenue increases, though not taxes and some entitlement cuts, though in the medicare and social security. it's a modest deal but lawmakers hope they can announce it by the end of the week, enact it next week and avoid a government shutdown in january. >> who are winners and losers to the extent we know what stays and goes and maybe more pointly, what does this mean for...
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it doesn't have a lot of opposition, wouldn't add a dime to the deficit and congress should waste no time in enacting get. ashley: the problem is congress is embroiled in these budget battles that get pushed back two or three month. could this get lost in the shuffle as they deal with a bigger budget? >> we are hopeful that because this has such strong public support it has bipartisan support which is increasingly rare these days. we are hopeful that congress will take it up but it could get lost in the shuffle. ashley: this is a huge hit economy, any numbers over the last year 700,000 yorker's saved $330 million for this benefit. if they lose, that is money taken out of people's pockets and that has to hurt the economy. >> exactly right. this benefit is also good for businesses. people take transit to work save their employers through this tax benefit $300 million in 2010 alone. and letting just the transit portion of this benefit be cut in half, creates an unlevel playing field. if you are a business where a large number of your employees takes public transit to work you are at a d
it doesn't have a lot of opposition, wouldn't add a dime to the deficit and congress should waste no time in enacting get. ashley: the problem is congress is embroiled in these budget battles that get pushed back two or three month. could this get lost in the shuffle as they deal with a bigger budget? >> we are hopeful that because this has such strong public support it has bipartisan support which is increasingly rare these days. we are hopeful that congress will take it up but it could...
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Dec 4, 2013
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. >> also said it wouldn't add a dollar to the deficit and the insurance companies knew they were always going to get this. that's why i don't buy when anyone says it will collapse on its open weight. they will continue to pump money into save it. in there was a tragic train wreck in new york over the weekend and the conductor lost his insurance because of obama care. so i think frankly that there are a lot of things happening in america today, the problems over obama care, the weather, everything is going terrible. >> are you kidding me? the fact of the matter is things starting to work better and better. the democrats have to run on it. they know they can't run against it. they voted for the they think. by the way, this earpiece one more time -- they voted on it, so now what are they going to do? they will try to get around behind it, so they have to run on it. >> what about the bailout for the insurance companies? >> i wouldn't bail the insurance companies out if they -- >> that was from the white house. the white house offered incentives to, quote, help offset losses in profits to th
. >> also said it wouldn't add a dollar to the deficit and the insurance companies knew they were always going to get this. that's why i don't buy when anyone says it will collapse on its open weight. they will continue to pump money into save it. in there was a tragic train wreck in new york over the weekend and the conductor lost his insurance because of obama care. so i think frankly that there are a lot of things happening in america today, the problems over obama care, the weather,...
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Dec 6, 2013
12/13
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robust is a healthy and urbanization, but we did have a deficit. one of the challenges to address was to know longer have a deficit. it created an entity that would enable a structure that would enable one to receive money, and those who gave money to get tax deductions was key. so we got a new irs status, c3 charitable foundation, and we also received chi museum.s the nogu prior to that, the noguchi foundation which was the museum was a program of. >> how would you describe the work of noguchi to those are not familiar with this culture or art? york, mother was from new his father was japanese. he called himself a global artist at the time. it was before the motions of multiculturalism and biracial. he was born in 1904. he was extraordinarily prolific in that he worked in parks, landscapes. he was a precursor to all of the artists that went on to be known as earthwork artists. he did parks, playgrounds, theater curtains, theater sets. he had an association with martha graham for 50 years. many people do not realize the big stainless steel piece in
robust is a healthy and urbanization, but we did have a deficit. one of the challenges to address was to know longer have a deficit. it created an entity that would enable a structure that would enable one to receive money, and those who gave money to get tax deductions was key. so we got a new irs status, c3 charitable foundation, and we also received chi museum.s the nogu prior to that, the noguchi foundation which was the museum was a program of. >> how would you describe the work of...
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Dec 10, 2013
12/13
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it would involve some deficit reducti reduction. you have got no tax increases in this although there will be an increase in aviation fees, something that the house and senate and obama administration expressed tsh in before. they do hit things we are waiting to see whether or not there is any sort of agreement. democrats made that last minute demand. we don't think it will be part of this deal. we may get an agreement to vote on a short term extension. the congress should do by the end of next week with something good to tell their constituents. >> appreciate it. a budget deal will be announced. i want to pull this back into the taper. part of that is the notion that there will be a budget deal. does that increase the odds in your view? >> it's amazing how the stars -- maybe it's not amazing. >> the job's numbers are better. the deal comes through. >> it's all coming together. >> the fed could not do anything. >> this is great news. the two brain cells part of this is i think this is the next leg up. if you get corporations to star
it would involve some deficit reducti reduction. you have got no tax increases in this although there will be an increase in aviation fees, something that the house and senate and obama administration expressed tsh in before. they do hit things we are waiting to see whether or not there is any sort of agreement. democrats made that last minute demand. we don't think it will be part of this deal. we may get an agreement to vote on a short term extension. the congress should do by the end of next...
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Dec 6, 2013
12/13
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we have never had anything close to such a sustained job deficit after any recent downturn. it has been said in opposition to an extension that the federal emergency unemployment compensation program was adopted, and i quote, for extraordinary circumstances that are disappearing. no, no. these extraordinary circumstances continue adds indicated in the report issued just this morning by president obama's council of economic advisors, that highlights that the current long-term unemployment rate is at least twice as high as it was at the expiration of every previous extended ui benefit program. the extraordinary circumstances in a few words continue. the report also sets out the economic impact of a failure to act. it occurs with cbo, wall street analysts and other economists, that allowing the federal ui program to expire who cost our economy at least 200,000 jobs next year because of reduced consumer demand. for this congress to ignore the national economic impact would be shortsighted. to ignore the human, the individual human impact would be cold hearted. that is not the be
we have never had anything close to such a sustained job deficit after any recent downturn. it has been said in opposition to an extension that the federal emergency unemployment compensation program was adopted, and i quote, for extraordinary circumstances that are disappearing. no, no. these extraordinary circumstances continue adds indicated in the report issued just this morning by president obama's council of economic advisors, that highlights that the current long-term unemployment rate...
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Dec 5, 2013
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much more important than the fiscal deficit, the yearly fiscal deficit in this country which he points out is actually shrchging in his administration john. >> point out, this issue about the young people are disappointed with president and congress. >> part of the obama coalition that got him elected twice is young people, so-called millennials. folks at harvard has a unit that polled these folks. 18 to 25, bad news for the president, festival his approval rating down to 41%. that is a reflection of the population at large but down 11% since just this spring. and john earlier the president did some work to shore up the forecast, the so-called -- shore up the rveght affordable care a% of millennials disapprove of the affordable care act. have no plans to sign up. that's disappointing news. >> the numbers behind inequality could be surprising for many. jonathan betz has a closer look at what the president says is an economic inequality gap. >> simply put the poor are getting poorer and the rich are getting richer. first off, what does this mean? the median income for an american househo
much more important than the fiscal deficit, the yearly fiscal deficit in this country which he points out is actually shrchging in his administration john. >> point out, this issue about the young people are disappointed with president and congress. >> part of the obama coalition that got him elected twice is young people, so-called millennials. folks at harvard has a unit that polled these folks. 18 to 25, bad news for the president, festival his approval rating down to 41%. that...
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Dec 8, 2013
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that deal might include scaling back some of those sequester cuts, finding a little bit of deficit reduction. here's the key thing to focus on, though, right now, alex. the tone. there doesn't seem to be an appetite for another government shutdown. that, of course, bodes well for the economy and washington in general. take a listen to what two lawmakers had to say earlier today. >> keep the budget caps in place, not raise taxes, which is important during this weak economy, and actually avoid a government shutdown. so i'm hopeful that even by the end of this week we'll be able to come together and achieve that. >> i certainly hope as part of it that the negotiators will take to heart what the president had to say. there are working families across america that are struggling. there are unemployed families who need a helping hand. we've got to protect and preserve the safety net in america and give these working families a fighting chance. >> so alex, of course there you have republican rob portman, democrat dick durbin. and you heard senator durbin talking about unemployment insurance. that i
that deal might include scaling back some of those sequester cuts, finding a little bit of deficit reduction. here's the key thing to focus on, though, right now, alex. the tone. there doesn't seem to be an appetite for another government shutdown. that, of course, bodes well for the economy and washington in general. take a listen to what two lawmakers had to say earlier today. >> keep the budget caps in place, not raise taxes, which is important during this weak economy, and actually...
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Dec 2, 2013
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. >>> peyton manning and the broncos erased a deficit. manning threw for five touchdowns. they win 35-28. >>> steph curry hit two free throws late to give the warriors the lead but the kings had the last shot. >> isaiah thomas playing beat the clock. , thomas to the rim, bogut blocks the shot, he got the rebound, warriors win! [ applause and cheers ] >> andrew bogut came through with the big block. and the warriors win it, 115- 113. warriors starting to get the momentum back, just wait until they get andre iguodala back in the line-up. that will do it. everybody, have a great day. >>> thank you, vern. play of the day from the broncos-chiefs matchup. denver runningback moreno shoal the show with interesting moments. first he cried during the national anthem just gushing out then the crawl comes after he was finally brought down by what seemed like the entire kansas city defensive line. and there he goes. doing the worm out there. moreno's moment today's play of the day. i think the broncos won. i'm not sure. >> they did. >> they are pretty good. >> yes. >>> 5:25 right now.
. >>> peyton manning and the broncos erased a deficit. manning threw for five touchdowns. they win 35-28. >>> steph curry hit two free throws late to give the warriors the lead but the kings had the last shot. >> isaiah thomas playing beat the clock. , thomas to the rim, bogut blocks the shot, he got the rebound, warriors win! [ applause and cheers ] >> andrew bogut came through with the big block. and the warriors win it, 115- 113. warriors starting to get the...
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Dec 6, 2013
12/13
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however, there's very little long-term deficit reduction in this deal. we're talking about putting off decisions about raising taxes or cutting medicare and social security. we also have a last-minute hangup over unemployment benefits, the extension of unemployment benefits. democrats want that, republicans say they're not that serious about it, it's not clear whether or not democrats are going to put their foot down and say no deal until then. what i think we know is that there will not be a deal today. house leadership aide told me he expects early next week a deal to be announced by patty murray, the democratic chair of the budget committee in the senate. paul ryan, the republican budget committee chair in the house. then the house and senate pass it before christmas. they leave next week actually for their christmas break. so they would end the year on a positive note. it would dramatically reduce the risk of a government shutdown in january and does not resolve our long-term budget issues. >> does it resolve the debt ceiling deadline which is some t
however, there's very little long-term deficit reduction in this deal. we're talking about putting off decisions about raising taxes or cutting medicare and social security. we also have a last-minute hangup over unemployment benefits, the extension of unemployment benefits. democrats want that, republicans say they're not that serious about it, it's not clear whether or not democrats are going to put their foot down and say no deal until then. what i think we know is that there will not be a...
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Dec 6, 2013
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i would say such policies if we were to continue would lead to greater deficit, which would eventually reduce a nations out the door income slightly below what would occur under current i think we should be focused on how to get people back to work. has is where the house focused. they await consideration at all. back. >> i think the gentleman for his comment. we have an alternative. he will be talking about it in terms of job and education and buting jobs for our people, the fact is there are 1.3 million people who cannot find a job. to say they will incentivize because we continue to give some , there are three people looking for everyone job available. most of those are skill sets the unemployed have not ad. we are for investing in education. we share the view on that. it's not going to be much solace for them and their families to say, we dropped you off the rolls. you won't be able to put money on the table -- to put food on the table because the senate has ot acted. i opposed many of the pieces of but we havemyself, a crisis. that crisis is we have 1.3 million. they said not to p
i would say such policies if we were to continue would lead to greater deficit, which would eventually reduce a nations out the door income slightly below what would occur under current i think we should be focused on how to get people back to work. has is where the house focused. they await consideration at all. back. >> i think the gentleman for his comment. we have an alternative. he will be talking about it in terms of job and education and buting jobs for our people, the fact is...
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Dec 5, 2013
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host: yet the deficit is a problem. k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that we have lost that would otherwise should take in. other than defense, there is waste and inefficiencies in a wide range of domestic spending programs. i am willing to take a look at almost everything. i think the demonization of social security and medicaid are inappropriate. they are not responsible for the deficit problem we have right now. ronald reagan in a debate with walter mondo and clear social security has nothing to do with the deficit. it was true then and it is true now. att in plano, texas. caller: thank you for takin
host: yet the deficit is a problem. k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that...
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Dec 10, 2013
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i mean you look at this budget bill, it's not deficit reduction, there's no cuts in entitlements, there's no closing corporate loopholes. we're really just in a holding pattern here. >> lois romano, e.j. dough a jj thank you both. >>> if you read only one thing this morning, say it isn't so. the rules and regulations are out for the super bowl and partiers take note. no tailgating. now you can eat and drink in your car, you can stand outside your car if you stay within the lines of your parking space but that's it. and wait until you read what kinds of cars will and won't be allowed in the parking lot. it's my must read. it's up on our facebook page, where a common theme from you has been there's an easier way. mary barnett wrote why not a super bowl party at home and then you can eat and drink as much as you want? true enough. let us know what you think. head to facebook/jansingco. which rewards her for responsibly managing her card balance. before receiving $25 toward her balance each quarter for making more than her minimum payment on time each month. tracey got the bankamericard bette
i mean you look at this budget bill, it's not deficit reduction, there's no cuts in entitlements, there's no closing corporate loopholes. we're really just in a holding pattern here. >> lois romano, e.j. dough a jj thank you both. >>> if you read only one thing this morning, say it isn't so. the rules and regulations are out for the super bowl and partiers take note. no tailgating. now you can eat and drink in your car, you can stand outside your car if you stay within the lines...
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Dec 7, 2013
12/13
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so sometimes there are very great people who have a deficit of self-esteem. so we wanted to question what we felt were these dogmas that had emerged and were just too prevalent, too widely believed. >> host: so not a supporter of the everybody gets a trophy theory. >> guest: no. [laughter] and the kids know. if you don't keep score and you think, well, that'll make everyone feel good, the children keep score. >> host: a call from annapolis, maryland. please go ahead. >> caller: good afternoon, dr. somers. i was wondering if you would comment on the one-woman theme that took place during the presidential election and also the recent virginia governor's election and why at least it was reported it did have an effect on women voters. >> host: what's your opinion first before we hear from dr. sommers? >> caller: my opinion, it was almost like preaching to the choir, and the way it was reported and may have seemed to be emphasized by those who believed it anyway. but in the virginia governor's election, i lived in maryland, it did seem to have an effect at least o
so sometimes there are very great people who have a deficit of self-esteem. so we wanted to question what we felt were these dogmas that had emerged and were just too prevalent, too widely believed. >> host: so not a supporter of the everybody gets a trophy theory. >> guest: no. [laughter] and the kids know. if you don't keep score and you think, well, that'll make everyone feel good, the children keep score. >> host: a call from annapolis, maryland. please go ahead. >>...
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Dec 5, 2013
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we've got the deficit cut, we've got public spending finally coming down. as you've said, the budget surplus on the horizon, that's big news. he will say austerity and balancing the books needs to be central to the government's policy going forward. now, whether that's pushing out the pensionable age or a further squeeze on public spending, some of that detail is going to be heard, it's going to be changes to energy prices, it's going to be changes to possibly some of their corporation tax, a freeze on business rates, but essentially it's going to away fiscally neutral budget with a tone saying tax cuts, they may kot come in the future, but not until we've secured recovery. we will have, however, gdp revisions up towards. the uk economy is booming. some experts are saying that the uk could be the most successful economy within the fw7 nations by the end of the year. with us here to discuss that further is steve radially, director of policy at trade manufacturing body eef. steve, finally, do we have a balanced recovery in the uk? we had positive manufacturin
we've got the deficit cut, we've got public spending finally coming down. as you've said, the budget surplus on the horizon, that's big news. he will say austerity and balancing the books needs to be central to the government's policy going forward. now, whether that's pushing out the pensionable age or a further squeeze on public spending, some of that detail is going to be heard, it's going to be changes to energy prices, it's going to be changes to possibly some of their corporation tax, a...
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Dec 9, 2013
12/13
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now get into warfare if you have a tea party challenger accusing the senator of having fostered giant deficits through the role in the appropriations committee. that becomes a really ugly conversation within the party. >> let me also share with you one of the latest as in louisiana. health care and the use of a familiar scene in louisiana, the theme of the said, let's watch the -- let's watch. >> there is a danger. many have warned that is coming. now they are in a hunt and headed for you. >> at least 80,000 people statewide would not be able to keep their current insurance because of the guttural health care overhaul. >> louisianians are struggling because of obamacare. she recently told reporters, "i am not concerned for anything." she cast the deciding vote for obama care in the first place. it is the brave new world of government incompetence that we will live in. guest: the last line for that is interesting because that is new. the brave new world of government incompetence. that is something the launch of the obamacare website has over republicans. up to it is no longer it is better for
now get into warfare if you have a tea party challenger accusing the senator of having fostered giant deficits through the role in the appropriations committee. that becomes a really ugly conversation within the party. >> let me also share with you one of the latest as in louisiana. health care and the use of a familiar scene in louisiana, the theme of the said, let's watch the -- let's watch. >> there is a danger. many have warned that is coming. now they are in a hunt and headed...
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Dec 4, 2013
12/13
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but he said a rapidly growing of deficit opportunity is a bigger threat than the fiscal. we'll go to danny, professor of economics, great to have you back. >> thank you. >> a pleasure, you heard just a moment ago, america's dangerously growing income is defining the challenge of our time. is the president correct, or is he, as some would say, overstating the income inequality and wealth gap argument with that kind of a statement? >> no, if anything there is an understatement. he's absolutely correct saying that it is a defining problem. and this problem has just--it has been exacerbated by global pressures. it is an issue that the white house--i had an opportunity to attend a summit at the white house by the president's council with economic advisers. it is an issue that has to be addressed in light of what is taking place in the economy. >> let's drill down an a bit. we had a conversation before we went to air. as concerned as you are about income inyou quality, you're even more concerned about the wealth gap. >> if you look at income and equality. it is extreme and the
but he said a rapidly growing of deficit opportunity is a bigger threat than the fiscal. we'll go to danny, professor of economics, great to have you back. >> thank you. >> a pleasure, you heard just a moment ago, america's dangerously growing income is defining the challenge of our time. is the president correct, or is he, as some would say, overstating the income inequality and wealth gap argument with that kind of a statement? >> no, if anything there is an understatement....
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>> if wouldn't have any problem with higher taxes if it reflected in deficit reduction or reflected itself in debt reduction. >> that wouldn't be your first point. >> my first point would be to get a spirited leader elected. the last thing is, look at detroit. it can happen everyplace else. >> speak your mind. when we come back, let's say that santa has nothing on these guys, which makes me think, after what i'm about to tell you, they should rebrand red suits for all these nsa guys. :: >> think that was santa? it was an nsa guy dressed as santa. now the judge is furious. wants to give them all a lump of legal coal. >> they deserve an indictment because it's a violation of state law, and federal law and a violation of the constitution. local police, seeing what the nsa is getting away with by capturing every text and e-mail and phone call and recording it and copying is, are now beginning to do the same thing. the have for $400,000 -- i'm going to tell you at the end of this segment where it came from -- bought a device that look like a cell tower and attracts cell phone calls to it. they
>> if wouldn't have any problem with higher taxes if it reflected in deficit reduction or reflected itself in debt reduction. >> that wouldn't be your first point. >> my first point would be to get a spirited leader elected. the last thing is, look at detroit. it can happen everyplace else. >> speak your mind. when we come back, let's say that santa has nothing on these guys, which makes me think, after what i'm about to tell you, they should rebrand red suits for all...
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has been borrowing money and using deficit financing for years. this is not a bankruptcy like jefferson county, alabama which is a single transaction. this is a city that is structurally solvent meaning it spends more than has coming in and accumulated debt that it can't pay back. connell: this portion of it jeff was referencing, refused to go farther than people thought with regard to pensioners. they get no more favorable standing than other creditors do. jeff says that could have implications for other places. >> it could have implications but those places have to be in bankruptcy. at this point you have two dozen states where state court rulings or constitutions protect pensions, not only what you already earned but anything you might turn going forward which is far greater protection than anyone has in the private sector.% so you still have to be in bankruptcy for this to apply and right now we don't have a lot of cities tumbling into bankruptcy. dagen: will it encourage them and push municipalities toward this? >> it is a very interesting su
has been borrowing money and using deficit financing for years. this is not a bankruptcy like jefferson county, alabama which is a single transaction. this is a city that is structurally solvent meaning it spends more than has coming in and accumulated debt that it can't pay back. connell: this portion of it jeff was referencing, refused to go farther than people thought with regard to pensioners. they get no more favorable standing than other creditors do. jeff says that could have...
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Dec 10, 2013
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the remainder will go into the future deficit fund. >> meteorologist christina loren says it's cold this morning. >> i could have told you that. >> but she also can tell us what it's going to be like tomorrow. >> she's more scientific. >> opportunity clicker? >> good morning to you. it is cold out there. i can tell you right now not as cold as it was this time yesterday. truckee right now at negative 4, they were at negative 20 at this time yesterday. and temperatures are cold here in the south bay and in particular but 3 degrees milder than this time yesterday. we're it two 9 in san jose, i want to show you the rest of the south bay. 29 in campbell, 28 in santa teresa. so it's cold enough for black ice and if you did leave your sprinklers on you didn't turn them off last night count on frost on your lawn. and really want to take it easy as you walk around your yard because you could slip. we have reports of that. want to make sure you're safe. temperatures are going to climb. i wanted to give you an example with oakland. tomorrow 36, 38 by thursday and then friday back to average in the
the remainder will go into the future deficit fund. >> meteorologist christina loren says it's cold this morning. >> i could have told you that. >> but she also can tell us what it's going to be like tomorrow. >> she's more scientific. >> opportunity clicker? >> good morning to you. it is cold out there. i can tell you right now not as cold as it was this time yesterday. truckee right now at negative 4, they were at negative 20 at this time yesterday. and...
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Dec 8, 2013
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effect on the town of the mine closing was deficit in the account had been through lots of hard times bigger than labor strikes and i write about what big strikes in my book. it had been through the depression the aldermen voted to work three days a week so everybody could work. but when the mine closed-end, nobody could believe it. they tried to get people to get in to be a white knight to save the town and have someone else bought it. a company that bought it from the original owners and they were mining deep and mining fast and getting the best stuff out there and then environmental protection agency came in and said you can't keep doing what you're doing. and between the way the gulf resources managed the mine and the epa, they closed down and this became a superfund site. epa is the one who tries to keep the air clean and the water claim. this town did not have clean air or clean water. so there were lots of poisons that were spread out on the ground. while this one company was managing the mine, there was a back house fire. the back house was the place for many of the boys were
effect on the town of the mine closing was deficit in the account had been through lots of hard times bigger than labor strikes and i write about what big strikes in my book. it had been through the depression the aldermen voted to work three days a week so everybody could work. but when the mine closed-end, nobody could believe it. they tried to get people to get in to be a white knight to save the town and have someone else bought it. a company that bought it from the original owners and they...
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Dec 9, 2013
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the president has said the deficit should take a back seat to jobs right now. there are also tense negotiations over cutting hiking security fees. and lawmakers also talking about partially repealing the sequester spending cuts. proposals to extend jobless benefits for the long term unemployed have also hit a snag. the president says those benefits are critical for many families, and he pushed the gop on that issue this weekend. >> for many families, it can be the difference between hardship and catastrophe. last year alone, it lifted 2.5 million people out of poverty. and cushioned the blow for many more. but here's the thing. if members of congress don't act before they leave on their vacations, 1.3 million americans will lose this lifeline. >> did you hear that? there might have been a little shade there for republicans on the hill. they are giving themselves another long vacation starting friday. on the other hand, some conservatives now say opposing unemployment benefits is their way of helping the unemployed. >> i do support unemployment benefits for the
the president has said the deficit should take a back seat to jobs right now. there are also tense negotiations over cutting hiking security fees. and lawmakers also talking about partially repealing the sequester spending cuts. proposals to extend jobless benefits for the long term unemployed have also hit a snag. the president says those benefits are critical for many families, and he pushed the gop on that issue this weekend. >> for many families, it can be the difference between...
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since 1994, america has accumulated a $10 trillion trade deficit. >> and hats off to leo gerard and the steel workers for fighting those cheater and winning at the international level. keep up the fight. >> all right. gentlemen, great to have you with us tonight. thanks for your time on "the ed show." appreciate it. remember to answer tonight's question at the bottom of the screen. share your thoughts on twitter at ed show and on facebook. we always like to know what you think. >>> coming up, a colorful depiction of tea party senator, ted cruz. >>> plus, conservative media adds fuel to its anti obama care fire. stay with us. [ male announcer ] this duracell truck has some very special power. ♪ [ toys chattering ] it's filled with new duracell quantum batteries. [ toy meows ] [ dog whines ] [ toy meows ] these red batteries are so powerful... that this year they'll power all the hasbro toys donated to toys for tots. want to help power some smiles? duracell. trusted everywhere. every day we're working to wand to keep our commitments.s? and we've made a big commitment to america. bp supp
since 1994, america has accumulated a $10 trillion trade deficit. >> and hats off to leo gerard and the steel workers for fighting those cheater and winning at the international level. keep up the fight. >> all right. gentlemen, great to have you with us tonight. thanks for your time on "the ed show." appreciate it. remember to answer tonight's question at the bottom of the screen. share your thoughts on twitter at ed show and on facebook. we always like to know what you...
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Dec 4, 2013
12/13
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budget deficit $380 million. 17.7% unemployment rate and a quarter of a million people have dropped from the population and down to 700,000 people today. matt, obviously no one wants to see the pensioners who have been used to living on a concern check get less, but it doesn't seem like there is any choices here other than that. >> i don't think anybody wants to see something relying on the pension check to pay their mortgage or food on table, but at the same time, i don't know where the money is coming from. the for ever cents detroit is bringing in 45 cents is going toward debt and it is going to go up to 60 cents they say. >> we have seen this across the county where public unions have cut deals with the government. they are i scratch your back you scratch mine. and that is how this ballooned into this situation where they made promises they can not keep. >> a lot of deals took place a long time ago. but you are running out ouf mof money. detroit, for example, has twice as many pensioners as they do employers in the city. it comes done to math. you have to bring in x-amount of dollars
budget deficit $380 million. 17.7% unemployment rate and a quarter of a million people have dropped from the population and down to 700,000 people today. matt, obviously no one wants to see the pensioners who have been used to living on a concern check get less, but it doesn't seem like there is any choices here other than that. >> i don't think anybody wants to see something relying on the pension check to pay their mortgage or food on table, but at the same time, i don't know where the...
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Dec 7, 2013
12/13
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. >> a relentlessly growing deficit of opportunity is a bigger threat to our future than our rapidly shrinking fiscal deficit. >> the president on wednesday speaking at the center for american progress. he talked about invoking the fast food workers, liberal economists writing in the new york times responded by writing finally our political class has spent years obsessed which a fake problem worrying about debt and deficits that never pose a threat to the nation's future, showing no interest in stag nateing wages. mr. obama i'm sorry to say bought into that diversion. now, however, he is moving on. isaac, do you share that reading that paul had, two, three years ago, everybody in washington was old souls on a deficit reduction including the president, himself, now even president obama is showing publicly an inclination to show that warren style populism. >> i think the rhetoric has changed. just to go back to the last seg him, jonathan was saying the tea party has people in washington. there is elizabeth warren. i think if it's going to come, it's going to to him in the next few year
. >> a relentlessly growing deficit of opportunity is a bigger threat to our future than our rapidly shrinking fiscal deficit. >> the president on wednesday speaking at the center for american progress. he talked about invoking the fast food workers, liberal economists writing in the new york times responded by writing finally our political class has spent years obsessed which a fake problem worrying about debt and deficits that never pose a threat to the nation's future, showing no...
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Dec 4, 2013
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fiscally i don't know how they come up with something that wouldn't look like it would explode the deficit, that wouldn't look like it was going to expand government to basically abide by what boehner just said there, the cost could potentially be astronomical in some places. now, it could end up being that the president's health care law ends up costing a lot more than the experts have said, but for right now the best people we got, the congressional budget office insists it's not going to be that costly. it's hard for republicans to come up with something that will be as fiscally neutral and responsible as the law as it is written right now that the president has. >> it was like the speaker saying holding up four candy canes saying like all these? i'll give them to you. thank you chuck todd and clarence page. >>> up next, what's the explanation for this star wars inspired scene on the national mall here in washington? the sideshow's next. and this is "hardball," the place for politics. [ male announcer ] this duracell truck has some very special power. ♪ [ toys chattering ] it's filled
fiscally i don't know how they come up with something that wouldn't look like it would explode the deficit, that wouldn't look like it was going to expand government to basically abide by what boehner just said there, the cost could potentially be astronomical in some places. now, it could end up being that the president's health care law ends up costing a lot more than the experts have said, but for right now the best people we got, the congressional budget office insists it's not going to be...